The three categories of income used in the income approach to the measurement of GDP are
A) compensation of employees, saving and rental income.
B) compensation of employees, gross operating surplus and gross mixed income.
C) compensation of employees, gross mixed income and investment.
D) consumption, corporate profits and gross mixed income.
Correct Answer:
Verified
Q38: Real GDP does not show the state
Q39: Which of the following is included in
Q40: The presence of _ creates a
Q41: If Dick Smith, an Australian manufacturer of
Q42: The expenditure approach measures GDP by adding
A)consumption
Q44: GDP counts only final goods and services
Q45: Of the following, which is correct?
A)Nominal GDP
Q46: Which of the following is an example
Q47: The relationship between real GDP and potential
Q48: ![]()
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